Sunday, December 22

Tag: Seed Round Financing

Extension Rounds Push Venture Capitalists to Collaborate
12Dec By adminNo Comments
World

Extension Rounds Push Venture Capitalists to Collaborate

Dec. 12, 2023 6:00 am ET|WSJ ProVenture capitalists are leaning on relationships with their peers to pull off extension rounds—financing that can help safeguard a startup’s valuation during down markets.These deals often happen without standard fundraising pitches, meaning venture investors need to hash out terms among themselves. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Pro Take: Venture Investors Move the Goal Posts for Seed-Stage Companies
4Dec By adminNo Comments
World

Pro Take: Venture Investors Move the Goal Posts for Seed-Stage Companies

Dec. 4, 2023 6:00 am ET|WSJ ProVenture capitalists focused on backing companies at the seed stage—the earliest chapter of startup investing—broadly say they have become pickier about which startups they are willing to back, yet another sign of how the venture industry’s slowdown is affecting companies previously insulated from the choppy environment. Nascent startups must clear a higher bar for metrics like annual recurring revenue and customer acquisition to attract investors, who also say they are reviewing more deals before committing. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Early OpenAI Investor Khosla Ventures Closes In on $3 Billion for Venture Funds
15Nov By adminNo Comments
Technology

Early OpenAI Investor Khosla Ventures Closes In on $3 Billion for Venture Funds

Updated Nov. 14, 2023 11:39 am ETKhosla Ventures is in the final stages of raising $3 billion for its latest set of venture funds, showing how some Silicon Valley investors remain bullish even as startups continue to stare down slower growth and lower valuations. The fundraise will be one of the largest completed by a venture firm this year and one of the few to grow in size. Khosla Ventures, the first outside investor in ChatGPT creator OpenAI, last raised $1.85 billion three years ago. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Crypto Entrepreneurs Are Pivoting to AI. Here’s One Founder’s Experience.
7Nov By adminNo Comments
World

Crypto Entrepreneurs Are Pivoting to AI. Here’s One Founder’s Experience.

Nov. 7, 2023 6:00 am ET|WSJ ProIn 2021, at the height of the investor frenzy for crypto startups, entrepreneur Chris Horne raised $2 million in seed funding for Filta, a marketplace on which customers could buy and sell custom nonfungible token face filters that could digitally augment their face, say, by adding cat whiskers or a block head. But by the time the company launched in late summer of 2022, enthusiasm for crypto had waned and Filta was faltering. So Horne pivoted to the new hottest sector: artificial intelligence. He ditched the NFT idea, and this year relaunched Filta as a generative AI-powered digital pet, one that talks and can offer its owner emotional support. The technology behind his new company is OpenAI’s large language model, ChatGPT. And Horne is running his new Filt...
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